Mpuuga’s request is carried in a letter dated January 19, in which he highlights that several fuel stations across the country have run out of fuel while those with stock are charging exorbitant prices. He says that there is a looming risk of a country shut down in the event that urgent interventions are not undertaken to address the crisis.
In June, the IMF Executive Board under the Extended Credit Facility (ECF) arrangement approved a loan to support Uganda's post Covid-19 recovery and increase households’ incomes and inclusive growth by fostering private sector development.
